Put global price on carbon to drive hydrogen economy – Air Products
Governments should focus their resources on promoting consumption, says CEO Seifi Ghasemi at Cop26
The simplest and most effective way to incentivise the growth of a hydrogen economy is to put a global price on carbon, according to Air Products CEO Seifi Ghasemi. Governments should not focus their efforts on stimulating supply, as firms can do that without state support, said Ghasemi at a Cop26 side event. “Governments should focus their resources on promoting consumption—truck companies, shipping companies, steel companies,” he said. “The most effective way to do that is a controversial thing no-one is talking about—a global carbon tax.” 10,000t/d – Air Products’ hydrogen production Such a move is not under discussion at Cop26, although China, the EU, South Korea, Switzerland and
Also in this section
24 January 2025
Clean hydrogen sector has enough traction globally to ride out a period of policy uncertainty under the Trump administration
23 January 2025
Russia, Poland and Romania are the biggest players when it comes to hydrogen projects in the region
23 January 2025
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised